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oilsleuth

11/28/14 6:15 PM

#38553 RE: crazyjogger925 #38552

El 14/2009 was granted after SEL 13/1998 had expired on the basis of Mal having a $50 million personal line of credit he was going to use for its exploration and drilling, however, unfortunately his unknown benefactor inconsiderately died before it could be drawn upon. Nevertheless Mal proceeded to claim he expended $8.05 million on the licence during its 2 years term and that it should therefore be renewed but for some unfathomable reason MRT did not believe him.

The fact that Mal serendipitously came up with his $50 million and EL 14/2009 was granted following the Smart Win imbroglio kind of shoots down the argument that SW put paid to any chance Empire had of continuing on with the project.

3 years ago the same banter here that eegc would never get the leases renewed and the mrt did renew

pitts77h

11/28/14 10:20 PM

#38555 RE: crazyjogger925 #38552

Why yes, you're quite correct.

i think a bunch here have been wrong too many times



Every one of the dozens of claims that MadMal would find funding have been proven wrong.

Every one of the dozens of claims that MadMal would drill have been proven wrong.

Every one of the dozens of claims that MadMal would have the licenses restored have been proven wrong.

Every one of the dozens of claims that MadMal would enter into a joint venture with some other company have been proven wrong.

Every one of the dozens of claims that MadMal would bring riches for his shareholders have been proven wrong.

In fact, every one of the HUNDREDS of claims that MadMal would in any way be successful in any way have been proven wrong - with the notable exception of his success in defrauding shareholders, of course. The "bunch" that have been pointing out what a low life whack-job conman MadMal is have been proven ABSOLUTELY correct.